{"id":68114,"date":"2017-12-20T17:50:01","date_gmt":"2017-12-20T10:50:01","guid":{"rendered":"http:\/\/www.pricepony.com.ph\/blog\/?p=68114"},"modified":"2017-12-20T17:50:01","modified_gmt":"2017-12-20T10:50:01","slug":"co-founder-emil-oldenburg-sold-bitcoin","status":"publish","type":"post","link":"https:\/\/www.pricepony.com.ph\/blog\/co-founder-emil-oldenburg-sold-bitcoin\/","title":{"rendered":"Co-Founder of Bitcoin.com Has Sold All Of His Bitcoin, The Reason is&#8230;!"},"content":{"rendered":"<p><strong>Emil Oldenburg, the CTO and co-founder of one of the largest bitcoin sites: bitcoin.com has just sold all of his Bitcoin and explained the interesting reason. Check it out<\/strong><strong>\u00a0in our articles!<\/strong><\/p><div style=\"float: none; display: block; margin: 0 -10px; text-align: center;\"><!-- ph_pricepony_article_top_desktop -->\n<ins class=\"adsbygoogle\"\n     style=\"display:inline-block;width:728px;height:90px\"\n     data-ad-client=\"ca-pub-4796993490224996\"\n     data-ad-slot=\"8052937650\"><\/ins>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<\/div><\/p>\n<p><picture><source srcset=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin1.webp 1024w,https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin1-300x157.webp 300w,https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin1-768x403.webp 768w\" sizes=\"(max-width: 476px) 100vw, 476px\" type=\"image\/webp\"><img src=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin1.jpg\" height=\"250\" width=\"476\" srcset=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin1.jpg 1024w, https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin1-300x157.jpg 300w, https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin1-768x403.jpg 768w\" sizes=\"(max-width: 476px) 100vw, 476px\" class=\"aligncenter wp-image-68119 sp-no-webp\" alt=\"\" decoding=\"async\"  > <\/picture><\/p>\n<h3>&#8220;Bitcoin investment is one of the riskiest investment you can make!&#8221;<\/h3>\n<p>Bitcoin.com is one of the largest bitcoin sites in the world. This website has grown its popularity thanks to the increase in the price of cryptocurrency. However, recently, one of the co-founders of bitcoin.com: Emil Oldenburg, a Swedish, has shown his extreme scepticism about the Bitcoin&#8217;s future. In an interview for with a tech site Breakit, he said that:\u201dI would say an investment in bitcoin is right now the riskiest investment you can make. There\u2019s an extremely high risk.\u201d<\/p>\n<p>The largest problems with Bitcoin are high transaction cost and lead times. To be specific, it takes around 4,5 hours for a Bitcoin transaction. Furthermore, the transaction fees are doubling every 2 months. In addition, the lead times and transaction fees only increase when new investors enter the market that brings quick returns. Although Emil Oldenburg is not the first person to criticize the future of Bitcoin, he has a good reputation in the finance industry.<\/p><div style=\"float: none; display: block; margin: 0 -10px; text-align: center;\"><!-- ph_pricepony_article_incontent_1 -->\n<ins class=\"adsbygoogle\"\n     style=\"display:inline-block;width:336px;height:280px\"\n     data-ad-client=\"ca-pub-4796993490224996\"\n     data-ad-slot=\"7528541080\"><\/ins>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<!-- ph_pricepony_article_incontent_2 -->\n<ins class=\"adsbygoogle\"\n     style=\"display:inline-block;width:336px;height:280px\"\n     data-ad-client=\"ca-pub-4796993490224996\"\n     data-ad-slot=\"2964262507\"><\/ins>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<\/div><\/p>\n<p><picture><source srcset=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/t\u1ea3i-xu\u1ed1ng.webp 694w,https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/t\u1ea3i-xu\u1ed1ng-300x177.webp 300w\" sizes=\"(max-width: 424px) 100vw, 424px\" type=\"image\/webp\"><img src=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/t\u1ea3i-xu\u1ed1ng.jpeg\" height=\"250\" width=\"424\" srcset=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/t\u1ea3i-xu\u1ed1ng.jpeg 694w, https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/t\u1ea3i-xu\u1ed1ng-300x177.jpeg 300w\" sizes=\"(max-width: 424px) 100vw, 424px\" class=\"aligncenter wp-image-68116 sp-no-webp\" alt=\"\" decoding=\"async\"  > <\/picture><\/p>\n<p>What would he do after selling all his <a href=\"https:\/\/www.pricepony.com.ph\/blog\/cboe-exchange-crashes-bitcoins\/\">Bitcoin<\/a>? \u201cI have in fact sold all my bitcoins recently and switched to bitcoin cash,\u201d he says. Bitcoin Cash is the currency that split from Bitcoin this August. Moreover, this digital <a href=\"https:\/\/www.digitaltrends.com\/cool-tech\/bitcoin-cash-becomes-second-most-valued-cryptocurrency\/\">Bitcoin Cash currency recently overtook Ethereum as the world&#8217;s second-largest cryptocurrency.<\/a> \u201cIf you look at businesses around the world, they\u2019re scrambling to adopt Bitcoin Cash\u2026 I\u2019m really concerned with a market right now.\u201d, says Emil Oldenburg.<\/p>\n<h3>&#8220;Bitcoin Cash is the future&#8221; &#8211;\u00a0Emil Oldenburg<\/h3>\n<p>Lastly, bitcoin.com is claimed to distance itself from Bitcoin and the service of Bitcoin. Instead, this website will move to the Bitcoin Cash since this virtual currency only costs $0,012 for a transaction and requires no lead times. What do you think about Emil Oldenburg? Drop us a comment to share with us your opinion!<\/p>\n<div class=\"31e97817518902a1d132cf665aa26f91\" data-index=\"3\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<!-- ph_pricepony_article_bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:336px;height:280px\"\r\n     data-ad-client=\"ca-pub-4796993490224996\"\r\n     data-ad-slot=\"7613953952\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Emil Oldenburg, the CTO and co-founder of one of the largest bitcoin sites: bitcoin.com has just sold all of his Bitcoin and explained the interesting reason. Check it out\u00a0in our articles! &#8220;Bitcoin investment is one of the riskiest investment you can make!&#8221; Bitcoin.com is one of the largest bitcoin sites in the world. This website [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":68119,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[72],"tags":[3507],"class_list":["post-68114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pricepony-list","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Co-Founder Emil Oldenburg of Bitcoin.com Has Sold All Of His Bitcoin<\/title>\n<meta name=\"description\" content=\"Emil Oldenburg, co-founder of one of the largest bitcoin sites: bitcoin.com has just sold all of his Bitcoin and explained the interesting reason here!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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